Property Overview: 1196 St Matthews Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling blend of space, location, and value within Winnipeg's Minto neighborhood. Its key strength is its generous proportions, offering 1,686 sqft of living area—significantly larger than most homes in both the immediate area and the wider city. This is complemented by an ample 5,783 sqft lot, providing substantial outdoor space that is a standout feature for the Minto area.
The appeal lies in its established, mature setting. Built in 1952, it is a notably newer construction compared to many neighboring homes, potentially suggesting fewer major age-related concerns than older counterparts. The data indicates a history of strong value, with a previous sale between $400k-$450k in 2021 and an assessed value that ranks well above average for its local context.
This property would best suit practical buyers looking for space without moving to the distant suburbs. It’s ideal for a growing family needing room both inside and out, or for someone who values a larger lot for gardening, pets, or future expansion. It represents a solid, grounded choice for those prioritizing square footage and lot size over a brand-new build, offering a footprint that is increasingly rare in central neighborhoods.
Section 2: Frequently Asked Questions
1. How does the home’s age (1952) affect its condition?
While built in 1952, it is considered a newer home on its street and in Minto, where many houses are from the 1930s. This suggests potentially updated infrastructure, but a thorough inspection is still essential to understand the state of the roof, wiring, plumbing, and windows.
2. Is the assessed value an accurate reflection of market value?
The assessed value ($33.80k) is for taxation purposes and is not a market appraisal. The property last sold for an estimated $400k-$450k in 2021. Market value should be determined by a current comparative market analysis with a real estate professional.
3. What does the lot size mean for me?
At 5,783 sqft, the lot is significantly larger than typical in Minto. This allows for more privacy, recreational space, and potential for additions like a garage, deck, or garden. It’s a key asset that adds long-term value and flexibility.
4. How can I find out the exact past sale price?
The provided sale price is a public record range. You can request the exact sale price by emailing the listing source via the "Get exact sold price history" button. They provide this detail manually without marketing spam.
5. What are the less obvious pros and cons of this location?
A less obvious advantage is the stability of an established neighborhood with homes of varied ages, often indicating a settled community. A consideration is that "above average" size for the area may also mean above-average utility and maintenance costs compared to smaller neighboring homes.